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29 Sep 2010 17:28
Tawa plc
29 September 2010
Share buyback programme
Tawa plc ('the Company') announces that, pursuant to the general authority granted by shareholders of the Company on 17 June 2010 to make market purchases of its own shares, the Company made market purchases of 200,000 Ordinary shares of 10 pence each ("Shares") at an average price of 54.5 pence per share on 29 September 2010 of which 85,400 shares were purchased from the trustees of the Tawa employee benefit trust to satisfy employees' income tax and national insurance liabilities on the vesting of awards under the Tawa 2007 Deferred Share Bonus Plan on 27 September 2010. These shares will be held in treasury.
Following this purchase, the interests of the Directors in the Company as a percentage of the issued capital will remain unchanged.
Following the above, the Company will hold 650,695 Shares in treasury (including the market purchases detailed above) and 112,987,164 Shares will remain in issue.
Enquiries:
|
Christopher Jones, Company Secretary Tawa plc |
020 7068 8071 |
|
Guy Wiehahn / Emma Riza KBC Peel Hunt (nominated adviser and broker) |
020 7418 8900 |
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